Lazard (LAZ) Enterprise Value (2009 - 2026)
Lazard's Enterprise Value was $3.65 billion in Q2 2026, down 19.2% from $4.52 billion a year earlier and down 4.1% from the prior quarter.
Lazard (LAZ) Enterprise Value (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Lazard's Enterprise Value was -$14.18 million through Jun 30, 2026; for FY2025, it was $4.03 billion, up 13.1% from FY2024.
- Enterprise Value shows a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- In earlier years, Enterprise Value was $3.57 billion in FY2024 (+61.1%), $2.21 billion in FY2023 (-32.1%), $3.26 billion in FY2022 (-19.1%) and $4.03 billion in FY2021 (+16.2%).
- The Q2 2026 figure marks the lowest quarterly Enterprise Value since Q4 2024.
- Compared with a year earlier, Enterprise Value was higher in six of the last eight quarters, with growth averaging 30.7%.
- The best year-over-year quarter for Enterprise Value over five years was Q3 2021 (growth of 68.6%); the worst was Q3 2022 (a decline of 44.1%).
- Per Business Quant data, LAZ's Enterprise Value in the three quarters before Q2 2026 was $3.81 billion (Q1 2026), $4.03 billion (Q4 2025) and $4.86 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn |
| 10 | Lazard | 3.62 Bn | -1.15 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65 Bn |
| Mar 31, 2026 | 3.81 Bn |
| Dec 31, 2025 | 4.03 Bn |
| Sep 30, 2025 | 4.86 Bn |
| Jun 30, 2025 | 4.52 Bn |
| Mar 31, 2025 | 4.06 Bn |
| Dec 31, 2024 | 3.57 Bn |
| Sep 30, 2024 | 3.64 Bn |
| Jun 30, 2024 | 2.78 Bn |
| Mar 31, 2024 | 2.99 Bn |
| Dec 31, 2023 | 2.21 Bn |
| Sep 30, 2023 | 2.20 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 2.39 Bn |
| Dec 31, 2022 | 3.26 Bn |
| Sep 30, 2022 | 2.55 Bn |
| Jun 30, 2022 | 3.32 Bn |
| Mar 31, 2022 | 3.59 Bn |
| Dec 31, 2021 | 4.03 Bn |
| Sep 30, 2021 | 4.55 Bn |
Lazard Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=LAZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "LAZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=LAZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();